Key Economic News – 19th August 2015

UK input producer price index dropped less than expected in July

The non-seasonally adjusted input producer price index in the UK slid 0.90% on a MoM basis in July, less than market expectations for a drop of 1.90%. Input producer price index had fallen by a revised 1.80% in the previous month.

UK retail price index ex-mort int. payments advanced more than expected in July

On a YoY basis, the retail price index ex-mort int. payments in the UK registered a rise of 1.10% in July, higher than market expectations for an advance of 1.00%. In the previous month, the retail price index ex-mort int. payments had registered a similar rise.

UK house price index rose in June

On an annual basis, the house price index advanced 5.70% in the UK, in June. The house price index had advanced by a revised 5.60% in the prior month.

UK consumer price index fell less than expected in July

The consumer price index dropped 0.20% in the UK on a MoM basis in July, less than market expectations for a fall of 0.30%. In the prior month, the consumer price index had recorded an unchanged reading.

UK input producer price index declined less than expected in July

On an annual basis in the UK, the non-seasonally adjusted input producer price index registered a drop of 12.40% in July, lower than market expectations for a fall of 12.70%. In the previous month, input producer price index had fallen by a revised 13.10%.

UK output producer price index declined more than expected in July

In July, on a YoY basis, the non-seasonally adjusted output producer price index in the UK recorded a drop of 1.60%, more than market expectations for a fall of 1.50%. Output producer price index had registered a revised similar fall in the prior month.

UK PPI core output rose more than expected in July

In July, the non-seasonally adjusted PPI core output in the UK, rose 0.30% on an annual basis, higher than market expectations for an advance of 0.20%. PPI core output had recorded a rise of 0.10% in the previous month.

UK consumer price index surprisingly climbed in July

In July, on a YoY basis, the consumer price index in the UK unexpectedly rose 0.10%, more than market expectations for a steady reading. The consumer price index had registered a flat reading in the prior month.

UK retail price index rose as expected in July

The retail price index recorded a rise of 1.00% in the UK on an annual basis in July, meeting market expectations. In the previous month, the retail price index had registered a similar rise.

UK core consumer price index advanced more than expected in July

The core consumer price index climbed 1.20% on an annual basis in July, in the UK, compared to a rise of 0.80% in the prior month. Markets were anticipating the core consumer price index to rise 0.90%.

UK PPI core output unexpectedly advanced in July

On a monthly basis, in the UK, the non-seasonally adjusted PPI core output unexpectedly rose 0.10% in July, compared to a revised unchanged reading in the previous month. Markets were expecting PPI core output to remain unchanged.

UK output producer price index declined as expected in July

In July, the non-seasonally adjusted output producer price index slid 0.10% in the UK on a MoM basis, compared to a revised similar fall in the previous month. Markets were anticipating output producer price index to ease 0.10%.

UK retail price index registered a drop in July

Compared to a reading of 258.90 in the prior month, the retail price index recorded a drop of 0.10%, on MoM basis, to a level of 258.60 in July, in the UK. Market expectation was for the retail price index to ease to 258.50.

Spanish trade deficit rose in June

Trade deficit in Spain expanded to €2.05 billion in June, compared to a trade deficit of €1.66 billion in the previous month.

US housing starts unexpectedly rose in July

Compared to a revised reading of 1204.00 K in the previous month, housing starts unexpectedly climbed by 0.20%, on monthly basis, to an annual rate of 1206.00 K in July, in the US. Market expectation was for housing starts to drop to a level of 1186.00 K.

US Redbook index registered a rise in the last week

The Redbook index advanced 1.60% in the US on an annual basis, in the week ended 15 August 2015. In the previous week, the Redbook index had risen 1.90%.

US Redbook index recorded a rise in the last week

The seasonally adjusted Redbook index in the US advanced 0.30% in the week ended 15 August 2015 on a MoM basis. In the previous week, the Redbook index had recorded a rise of 0.50%.

US building permits eased in July

In July, building permits in the US fell 16.30%, on monthly basis, to an annual rate of 1119.00 K, lower than market expectations of 1230.00 K. Building permits had registered a revised reading of 1337.00 K in the prior month.

Japanese adjusted merchandise trade deficit widened in July

Japan has registered adjusted merchandise trade deficit of ¥368.80 billion in July, compared to a revised adjusted merchandise trade deficit of ¥283.40 billion in the prior month. Markets were anticipating the nation to post a adjusted merchandise trade deficit of ¥158.60 billion.

Japanese exports advanced more than expected in July

Japan Customs has indicated that, in July, on a YoY basis, exports rose 7.60% in Japan, higher than market expectations for an advance of 6.50%. Exports had advanced 9.50% in the previous month.

Japanese Tokyo condominium sales rose in July

Tokyo condominium sales in Japan recorded a rise of 13.30% on an annual basis, in July. Tokyo condominium sales had registered an unchanged reading in the previous month.

Japanese imports fell less than expected in July

In July, on a YoY basis, imports in Japan recorded a drop of 3.20%, compared to a fall of 2.90% in the previous month. Market expectation was for imports to ease 6.90%.

Japanese merchandise (total) trade deficit rose in July

Merchandise (total) trade deficit in Japan expanded to ¥268.10 billion in July, from a revised merchandise (total) trade deficit of ¥70.50 billion in the previous month. Markets were anticipating the nation’s merchandise (total) trade surplus to stand at ¥56.70 billion.

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